Ambuja Cements Q2 Net Profit Falls 90% Year on Year
Ambuja Cements reported consolidated net profit of 236 crore for the September quarter, down 90% year on year. Higher costs squeezed margins, while a tax write-back in the year-ago period inflated the comparison.
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04:18:39 AM UTC
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Ambuja Cements' Q2 Profit Slumps 90% as High Costs Squeeze Margins